The Franchise King®

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In a previous post, I discussed what not to do, when thinking about investing in a franchise of your own….



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In this particular post, one of the concepts that were mentioned as a faddish one, was ISold It. Now a defunct franchise company, the creators thought that they could capitalize on the huge EBay buying and selling trend, by offering a small storefront operation that helps with the hassle of shipping stuff out to buyers of EBay products. Good idea, but the numbers just didn’t add up.

In another case of folks buying into a ‘fad", another franchise concept related to the EBay craze just closed it’s doors. This could be OK for the 30 or so franchisees left in the system. They could hang in there, without having to pay the royalties to corporate, anymore. Quick Drop had 95 stores in 2006.

Read the story here.

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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel is Highly Principled
There are many people in the franchise business who claim to to be experts in the field. Unfortunately many of them lack both knowledge and integrity. Joel, however, is without question one of the most qualified and principled people I know, in or out of his industry."
- Greg Reynolds, Retired Outplacement Counselor
"Many receive advice, only the wise profit from it."
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